Post by the Scribe on Jun 30, 2023 1:39:33 GMT
Koch Network Raises Over $70 Million for Push to Sink Trump
www.yahoo.com/news/koch-network-raises-over-70-164339415.html
Maggie Haberman
Thu, June 29, 2023 at 9:43 AM MST
The political network established by conservative industrialists Charles and David Koch has raised more than $70 million for political races as it looks to help Republicans move past Donald Trump, according to an official with the group.
With some of this large sum to start, the network, Americans for Prosperity Action, plans to throw its weight into the GOP presidential nominating contest for the first time in its nearly 20-year history. The network spent nearly $500 million supporting Republican candidates and conservative policies in the 2020 election cycle alone.
Two groups closely affiliated with Charles Koch contributed $50 million of the more than $70 million that has been raised. (David Koch died of cancer in 2019.) Koch is a major shareholder in Koch Industries, which contributed $25 million to Americans for Prosperity Action, according to a preliminary draft of Federal Election Commission filings. Another $25 million was donated by Stand Together, a nonprofit he founded.
more
www.yahoo.com/news/koch-network-raises-over-70-164339415.html
Maggie Haberman
Thu, June 29, 2023 at 9:43 AM MST
The political network established by conservative industrialists Charles and David Koch has raised more than $70 million for political races as it looks to help Republicans move past Donald Trump, according to an official with the group.
With some of this large sum to start, the network, Americans for Prosperity Action, plans to throw its weight into the GOP presidential nominating contest for the first time in its nearly 20-year history. The network spent nearly $500 million supporting Republican candidates and conservative policies in the 2020 election cycle alone.
Two groups closely affiliated with Charles Koch contributed $50 million of the more than $70 million that has been raised. (David Koch died of cancer in 2019.) Koch is a major shareholder in Koch Industries, which contributed $25 million to Americans for Prosperity Action, according to a preliminary draft of Federal Election Commission filings. Another $25 million was donated by Stand Together, a nonprofit he founded.
more